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1887 "Masterpiece" Morgan Dollar Sells For Insane Figure

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 Posted 10/26/2020  10:54 pm  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply

Quote:
The people who constantly talk about why all toning is bad and dip all of it off are the biggest grumps in the hobby. Sorry. I'm not gonna put it any other way. You are basically saying that everyone who doesn't collect the same way you are is doing it wrong, and guess what, I'm going to collect how I want, and you can collect how you want. I personally like blast coins, and like toned coins. I just feel blast gets bland.

I mean, like, what annoys me the most is that people would unironically dip a coin like this. If you don't like it, don't buy it, but don't ruin for someone else either. You're the equivalent of a child going "Well if I don't want it then nobody else can" every time you go well that's nice but toning bad. Like, seriously the people who do that are genuinely the most annoying in the hobby.

Ummm just pointing out you talk about letting people collect how and what they want. Then go on to say I shouldn't buy a coin and dip it if I chose to because someone else may think it's pretty. If I buy a coin I can do what I choose to it to fit my collection. Hence collect in a way I choose. Or am I misreading you basically calling people grumps and children who do not collect in the manner you deem appropriate by possibly doing things to coins you do not think they should. I find it most telling that you ended the lecture with

Quote:
f this offended you, you're the target audience

A shameful attempt to disqualify any opposing opinion by implying any dissent is offense vs just disagreeing.
You're better than that grape.
Member: ANA and NGC
My Want list: http://goccf.com/t/188411
Edited by scopru
10/26/2020 10:55 pm
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 Posted 10/26/2020  11:09 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I love it. I find that to be absolutely gorgeous. I wouldnt pay that much for it, but would certainly be willing to go up to a grand or so. IF I had that to blow on a coin. LOL

And Lord, everyone un bunch their panties. If you dont like toned coins, fine. Dont buy them and move on. You do like them, buy them. This isn't difficult. Collecting ANYTHING is totally subjective. Values, appeal and all of that are dependent on the person buying.

As for purposeful/accidental toning, I call BS on anyone who says they can tell every time. Yes, sometimes it is obvious. But, a coin laying in a sock drawer of a heavy smokers house for a few years can easily look just like this. As can the skillful application of a sulphur mix and heat. And you are NOT going to convince me anyone can look at a coin and tell me which happened to it. MAYBE a chemical analysis would pick up the differences, but thats about it.
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 Posted 10/26/2020  11:46 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Ummm just pointing out you talk about letting people collect how and what they want. Then go on to say I shouldn't buy a coin and dip it if I chose to because someone else may think it's pretty. If I buy a coin I can do what I choose to it to fit my collection.


I view it similar to people cleaning a coin in the sense it is a deliberate alteration of the coin that lowers its value. Chances are if you bought a toned coin, you paid a premium for it. If you paid a premium to get a toned coin just so you could dip it rather than just buy one that was blast to begin with I've got nothing. It's yours to do with, but I'll sure as heck disagree with it.


Quote:
A shameful attempt to disqualify any opposing opinion by implying any dissent is offense vs just disagreeing.


No, see there's a critical difference. I'm saying you can not like toned coins and saying you can. I personally don't care what people collect vs what they don't. What I do care about is when people take things away from the hobby. Now one very important thing here is that I said IF it offended you that I called out a behavior that YOU likely were someone perpetrating that behavior. You can disagree as others have without getting offended because they understand that choice exists. However the very people who get offended seek to remove the option of choice in favor of their preference. I'm open for debate all day, what I'm not up for is people removing things from the hobby.

Dip all the grimy black and brown morgans you want, but if you see a colorful coin like that, understanding you're paying a premium for that color just so you can dip it to effectively stick it to toner collectors then I have a serious problem.

My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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 Posted 10/27/2020  12:03 am  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply

Quote:
. I view it similar to people cleaning a coin in the sense it is a deliberate alteration of the coin that lowers its value


And that's where I'm torn, on one hand removing it and making the coin look more "blast white" or "silver original" look is viewed as damaging, even if properly done, but a layer of color that is foreign to when the coin was struck can increase increase the grade? That just seems weird to me.
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 Posted 10/27/2020  12:34 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
To clarify Numis I do agree that their are situations when dipping is encourage able. Specifically restricted to dark black and browns which can become corrosive. I don't think colorful toning should boost a grade either
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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Canada
724 Posts
 Posted 10/27/2020  01:01 am  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply

Quote:
I don't think colorful toning should boost a grade either


Good to hear I'm not alone on that, I just find it, for lack of a better term, disgusting capitalistic that market grading has "perverted" coin grading to where a coin can be a higher grade AFTER it's left the mint and been in the world (or a cramped bank bag).
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 Posted 10/27/2020  01:22 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
If this was GTG I would have said 64. I suppose anybody on here can go to HA and see what similar "crazy toning" sold for. The grade isn't rare, the toning isn't either, some people have more money than sense.
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 Posted 10/27/2020  07:26 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
You're 18. I did not realize this until I reread one of your posts.

Glad to have you in the hobby and hopefully you will stay a long long time.


Member: ANA and NGC
My Want list: http://goccf.com/t/188411
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 Posted 10/29/2020  9:02 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
This coin originated from the Battle Creek Collection (hoard) which was auctioned by Superior Galleries in 2005, I believe.
Mike Defalco purchased it from those auctions (there were four).
That is when I got to hold it in hand. It was in an NGC holder, graded 66* with the provenance on the label.
It crossed to PCGS, and Mike sold it into the Sunnywood 'Somewhere Over the Rainbow' collection.
Sunnywood wrote a number of informative articles on toning.....those who thought this was at'd, and anyone else interested in learning a little might want to give them a read.
I believe it ended up in the Northern Lights collection as well.
This coin is amazing in hand, the luster is intense and the colors are vibrant. The picture doesn't do the coin justice.
Even back then, this was a 5 figure coin. It has increased in value everytime its changed hands,too.
This piece is at the pinnacle of it's niche, it's unique, and is valued at what collectors are willing to pay for it.

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 Posted 10/29/2020  11:06 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
As an older collector I will state that I do not care what someone wants to collect b/c a hobby is about fun. And no one can tell another person what the word "fun" means.

One point I have not seen discussed here.

I collect glass insulators, and so does someone I know named Tommy Bolack.
https://www.coinworld.com/news/prec...g-hobby.html

Tommy owns all but a few of the Sacajewea/Washington quarter mules that were made in 2000. He is a billionaire who can spend anything any time he wants to (as well as being very charitable).

I asked him why he is trying to get all of them. His reply was that they make him think of something like a modern 1804 dollar - very few made and all known or accounted for. He thought it would be be fun to own all of them.

Is he crazy for paying out so much for these coins?

Or, since his reality is so far out of my league financially, is it me who is crazy for thinking I can have a valid opinion of his spending?

I can say, "well if it was me... ." But the reality is its NOT me. I do not really know what I would do.

Is ~33K too much for this Morgan? Only for (most of us) for whom 33K is a lot of money!
But...but...it might turn black. I agree.

But if 33K didn't seem so huge to me - and evidently the new owner does not see 33K as being as huge as I do - then the "fun" of having the Morgan might just outweigh "fun" of having the 33K!
- When I value " being right" more than what IS right, I am then right...a fool.
- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
- Prosp long and liver.
Edited by Earle42
10/29/2020 11:09 pm
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 Posted 10/30/2020  01:22 am  Show Profile   Bookmark this reply Add Morgan Nerd to your friends list Get a Link to this Reply
Why would anyone pay that much for a common date coin? They could have bought a really rare Morgan instead. I personally find that toning ugly. I don't like it covering the whole face of the coin. I would NEVER dip a toned coin though.
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